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Top Dollar Reserves
In spite of the larger oil bill,
the Costa Rican dollar reserves
-destined to challenge
emergencies - currently have
reached a historical maximum of
us$2,4 billion dollars, us$795 million
more than in September last
year.
In the meantime, the oil
bill for the first eight months
this year went up to us$655
million, almost the overall
amount paid in 2004, us$699
million.
But not all of this is
positive, because the Central
Bank gets lower interest rates
for the money it invests abroad
as compared to those paid in
Costa Rica.
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